N Brown Group (LON:BWNG) Stock Passes Above 200-Day Moving Average of $18.16

Shares of N Brown Group plc (LON:BWNG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 18.16 ($0.24) and traded as high as GBX 26.80 ($0.35). N Brown Group shares last traded at GBX 24.70 ($0.32), with a volume of 12,316 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of N Brown Group in a report on Thursday, June 6th.

N Brown Group Trading Up 1.2 %

The company has a debt-to-equity ratio of 81.09, a current ratio of 8.60 and a quick ratio of 4.33. The company has a market capitalization of £116.69 million, a P/E ratio of -200.00, a price-to-earnings-growth ratio of 2.49 and a beta of 2.18. The firm has a fifty day moving average price of GBX 22.23 and a 200-day moving average price of GBX 18.26.

Insiders Place Their Bets

In other N Brown Group news, insider Joshua Alliance bought 1,000,000 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was purchased at an average cost of GBX 20 ($0.26) per share, with a total value of £200,000 ($259,875.26). Insiders own 63.98% of the company’s stock.

About N Brown Group

N Brown Group plc operates as a clothing and footwear digital retailer in the United Kingdom. The company offers a range of clothing, footwear, and homeware products for men and women under the JD Williams, Simply Be, Ambrose Wilson, Jacamo, Home Essentials, Fashion World, Marisota, Oxendales, and Premier Man brands.